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Recurring Deposit - Eligibility

  • Resident Indians can apply.
  • The minimum balance of deposit is Rs. 500 per month and thereafter, in multiples of Rs. 100.

Documentation required to open Recurring Deposit

Identity proof

  • Passport
  • PAN card
  • Voter ID card
  • Driving licence
  • Government ID card
  • Photo ration card
  • Senior citizen ID card

 

Address proof

  • Passport
  • Telephone bill
  • Electricity bill
  • Bank Statement with Cheque
  • Certificate/ ID card issued by Post office
* Any other Identity proof or Address proof document can be submitted, subject to the Bank's satisfaction.